Friday, March 28, 2025

Just as 9.7 million of 43 million student loan borrowers become past due again, cars they can't afford to buy anyway soar in price due to tariffs, a one-two punch alienating the youth vote from Trump

 Over 9 million student loan borrowers past due after bills restarted, Fed estimates

... A new student loan delinquency can cause a borrower’s credit score to drop more than 150 points, the Fed warns.

... The tariffs will kick in at midnight on April 3, and Trump has said they will be “permanent.” ...

... A spokesperson for Klarna acknowledged to NBC News that people needing to pay for meals on credit is “a bad indicator for society.” ...